165
165
Sep 3, 2012
09/12
by
KCSMMHZ
tv
eye 165
favorite 0
quote 0
the euro looking stronger. >> tensions are on the rise between azerbaijani and armenian. european union are concerned that there. colin to exercise constraint. relations have been a fraud since an officer returned home after he was present in hungary for be heading an armenian soldier. after he was extradited, the president pardoned him and promoted him to a major. protests have broken out across armenia in response. they have been brought in for processing. one out of 60 will remain due to difficulty of verifying their addresses. the rest of them, under law, have the caused outrage forcing them to drop the charges. >> even authorities are moving to put quotas on women in a major corporation management structures according to reports. >> the justice ministry plans to impose legal quotas on all 27 eu members this autumn. this would oblige listed companies to increase the number of women on their boards to 45% by 2020. >> in germany, 20% of the board members on the dax-listed companies are female. >> she sits on the continental supervisory board. among the companies listed
the euro looking stronger. >> tensions are on the rise between azerbaijani and armenian. european union are concerned that there. colin to exercise constraint. relations have been a fraud since an officer returned home after he was present in hungary for be heading an armenian soldier. after he was extradited, the president pardoned him and promoted him to a major. protests have broken out across armenia in response. they have been brought in for processing. one out of 60 will remain due...
296
296
Sep 6, 2012
09/12
by
KQED
tv
eye 296
favorite 0
quote 0
angela merkel spoke of the need to restore confidence in the euro as a whole. later, a spanish minister cast doubt on whether spain would seek help. >> i know you say that in the short term, certainly, that spain does not need to ask for a rescue. >> according to the figures in the financial situation right now, we believe that we can be self-sufficient. >> but those regions -- but there are regions that see why spain may need a rescue. for companies like this furniture factory, it is a harsh climate. consumers are not spending, and it is almost impossible to find credit. once bustling industrial estates are shuddered. the town, like so many, is struggling with huge debt. even the street lighting is being reduced. today's announcement was the ecb's big bazooka. there will be no limits on the amount of government bonds the central bank can buy. quite simply, they can continue until the borrowing cost of those troubled eurozone countries are brought down. as for the markets, they soared on the news. >> all eyes will now be on spain. will it asked for help? will i
angela merkel spoke of the need to restore confidence in the euro as a whole. later, a spanish minister cast doubt on whether spain would seek help. >> i know you say that in the short term, certainly, that spain does not need to ask for a rescue. >> according to the figures in the financial situation right now, we believe that we can be self-sufficient. >> but those regions -- but there are regions that see why spain may need a rescue. for companies like this furniture...
272
272
Sep 5, 2012
09/12
by
KCSM
tv
eye 272
favorite 0
quote 0
germany has provided 22 million euros in aid. >> with bring in our political correspondent who has been following the berlin-syria conference. could you fill us in on the participants and to is backing them? >> when it became clear at the united nations that china and russia were not going to support any resolution condemning president assad, a coalition of approximately 100 nations formed to protest that. the coalition has a number of working groups. in berlin, they're focusing on the economic aspects. >> what is -- what does this conference in berlin want to achieve? >> the immediate aim is to secure basic services for the syrian people, particularly in areas that are virtually under the secured control of the opposition forces. the wider aim is much more ambitious. it is to reconstruct the syrian economy in the post-assad era. >> refugees are controversial issue. is germany likely to take in any syrian the refugees? >> the attitude of the german government until now was very much one of being supported by international refugee organizations is that it's better to support and assist r
germany has provided 22 million euros in aid. >> with bring in our political correspondent who has been following the berlin-syria conference. could you fill us in on the participants and to is backing them? >> when it became clear at the united nations that china and russia were not going to support any resolution condemning president assad, a coalition of approximately 100 nations formed to protest that. the coalition has a number of working groups. in berlin, they're focusing on...
153
153
Sep 5, 2012
09/12
by
WMPT
tv
eye 153
favorite 0
quote 0
one year on, the euro remains fragile. the franc remained strong, and the swiss national bank is still intervening. some economic analysts still fear this could be very costly for switzerland during your -- for switzerland. good >> celebrating a giant leap towards understanding how the human body works. they published the most detailed study at of the human genome, the blueprint of what makes us and who we really are triggered >> it is 12 years since the first draft of the human genome was published and a global fanfare, and scientists uncoded more of it than anywhere else, but it was just a start. good and human genome is one person's complete set of dna. are arranged in pairs, it is a chemical code of just four letters, and it amounts to a construction manual for -- an instruction manual for how our body works. scientists map the entire genetic code for the first time, but it was mostly in the language we have yet to ninelearn. now there is a giant leap in our understanding of what it means. it has been a huge challenge.
one year on, the euro remains fragile. the franc remained strong, and the swiss national bank is still intervening. some economic analysts still fear this could be very costly for switzerland during your -- for switzerland. good >> celebrating a giant leap towards understanding how the human body works. they published the most detailed study at of the human genome, the blueprint of what makes us and who we really are triggered >> it is 12 years since the first draft of the human...
32
32
Sep 5, 2012
09/12
by
CNBC
tv
eye 32
favorite 0
quote 0
the ecb may be forced to issue euro bonds to end up paying for the bailouts. it is not out of the question. in fact, recently the spanish prime minister said they're possible. those euro bonds if floated could cut the demand for u.s. treasuries. right? if the number of debt buyers in the world does not increase then there's a class of bonds and that would pull buyers away which could then force interest rates to rise on u.s. treasuries to reattract those buyers to our debt and those higher rates could hurt borrowers in particular mortgages and the nation housing recovery. this is not my prediction of what will happen but it's a risk that many are not talking about until right now. so, is my theory possible or is it complete bunk? joining us now is david brown and don shreiber. all right. david, first to you. do you buy that? is there an interest rate risk in america if we see the dreaded euro bond from the ecb? >> well, brian, that's an interesting idea. it's one i haven't heard from others so it's original from you and maybe you should come and work in santa
the ecb may be forced to issue euro bonds to end up paying for the bailouts. it is not out of the question. in fact, recently the spanish prime minister said they're possible. those euro bonds if floated could cut the demand for u.s. treasuries. right? if the number of debt buyers in the world does not increase then there's a class of bonds and that would pull buyers away which could then force interest rates to rise on u.s. treasuries to reattract those buyers to our debt and those higher...
43
43
tv
eye 43
favorite 0
quote 0
they've been hard done too that they give more to madrid in terms of the budget about twelve billion euros more on an annual basis ever received back also catalonia as a regional sort of contributes about twenty percent of spain's annual g.d.p. is still hard with its own desperate struggling to reduce that deficit in catalonia about forty billion euros but here they say they've made deeper and tougher cuts than anywhere else in spain this issue actually earlier this month or so about a million he thought on to the streets in barcelona as a call for independence away from madrid because of a very tough time for spain as a whole particularly for the government of prime minister rudd hordes as one m.p.'s dubbed this is a crisis on top of a crisis as they're facing their own problems of deficit reduction and people coming out to the streets in their tens of thousands to protest against how the government is handling austerity measures we've just seen this week protests turned violent the occupy congress movement which started peacefully aim to get a message of and just stared through to him pe
they've been hard done too that they give more to madrid in terms of the budget about twelve billion euros more on an annual basis ever received back also catalonia as a regional sort of contributes about twenty percent of spain's annual g.d.p. is still hard with its own desperate struggling to reduce that deficit in catalonia about forty billion euros but here they say they've made deeper and tougher cuts than anywhere else in spain this issue actually earlier this month or so about a million...
122
122
Sep 6, 2012
09/12
by
MSNBC
tv
eye 122
favorite 0
quote 0
. >>> coming up, euro stimulus fever. >>> a new phone gets no buzz. >>> and shoes with sole make legal history. the early morning business headlines are straight ahead. >>> coming up, a hit parade in our nation's capital, the end of the line for andy roddick and the cowboys knock out the champs. you're watching "first look" on msnbc. ♪ ♪ i can do anything ♪ i can do anything today ♪ i can go anywhere ♪ i can go anywhere today ♪ la la la la la la la [ male announcer ] dow solutions help millions of people by helping to make gluten free bread that doesn't taste gluten free. together, the elements of science and the human element can solve anything. solutionism. the new optimism. >>> welcome back to "first look." here's the top stories making news this morning. two people were killed in a powerful earthquake that shook costa rica wednesday. registering a magnitude of 7.6 causing cracks in buildings and other damage. >>> in france, it took only a few seconds for the demolition of 14 story structure in a pair us suburb. the crowd that watched got quite the surprise when the wind
. >>> coming up, euro stimulus fever. >>> a new phone gets no buzz. >>> and shoes with sole make legal history. the early morning business headlines are straight ahead. >>> coming up, a hit parade in our nation's capital, the end of the line for andy roddick and the cowboys knock out the champs. you're watching "first look" on msnbc. ♪ ♪ i can do anything ♪ i can do anything today ♪ i can go anywhere ♪ i can go anywhere today ♪ la la la...
205
205
Sep 7, 2012
09/12
by
WMPT
tv
eye 205
favorite 0
quote 0
after pledging to do "whatever it takes" to preserve the euro, e.c.b. president mario draghi delivered by launching a program to buy unlimited quantities of euro-zone bonds. investors reacted by buying up stocks. on wall street, all the major averages rose about 2%-- the dow skyrocketed 245 points, the nasdaq surged 66, and the s&p 500 jumped almost 29 points. tomorrow, the august employment report is due out. we'll have reaction from wall street to washington, and dig through the numbers with pimco's mohammed el-erian. for more financial news, tune in to nbr weeknights on this public television station. g votes you would have a hard time with 800 bill i don't know. when senate republicans have signed on board to 400 bill i don't know more than we were agreeing to say how were -- we have to take a look at whrrnts this deal we have been talking about private can get the votes. this was all about trying to get the votes and it was our opinion at that time that we ought to look at trying to get a little more revenue to get more votes but it was not either
after pledging to do "whatever it takes" to preserve the euro, e.c.b. president mario draghi delivered by launching a program to buy unlimited quantities of euro-zone bonds. investors reacted by buying up stocks. on wall street, all the major averages rose about 2%-- the dow skyrocketed 245 points, the nasdaq surged 66, and the s&p 500 jumped almost 29 points. tomorrow, the august employment report is due out. we'll have reaction from wall street to washington, and dig through the...
169
169
Sep 6, 2012
09/12
by
KNTV
tv
eye 169
favorite 0
quote 0
. >>> coming up, euro stimulus fever, a new phone gets no buzz, and shoes with soul make legal history. your early morning business headlines are straight ahead. >>> plus, kim lays down the law. what kim kardashian reportedly says will have to happen before she'll marry kanye. >>> coming up, a hit parade in our nation's capital, the end of the line for andy roddick, and the cowboys knock out the champs. you're watching "early today." >>> good morning and welcome back to "early today." i'm lynn berry, and here are some of your top headlines this morning. two people were killed in a powerful earthquake that shook costa rica wednesday, registering a magnitude 7.6, causing cracks in buildings and other damage. >>> in france it took only a few second for the demolition of a 14-story structure in a paris suburb. but the crowd that watched got a surprise when the wind shifted and it carried thick dust in their direction, sending many running. >> in russia, endangered cranes got a helping had from russia president vladimir putin. he wore a baggy white suit and helmet to fly in a motorized ligh
. >>> coming up, euro stimulus fever, a new phone gets no buzz, and shoes with soul make legal history. your early morning business headlines are straight ahead. >>> plus, kim lays down the law. what kim kardashian reportedly says will have to happen before she'll marry kanye. >>> coming up, a hit parade in our nation's capital, the end of the line for andy roddick, and the cowboys knock out the champs. you're watching "early today." >>> good...
150
150
Sep 4, 2012
09/12
by
WBAL
tv
eye 150
favorite 0
quote 0
still not all euro news was good. moody's put the european union on notice. its aaa rating is at risk of downgrade due to the continent's ongoing debt crisis. nevertheless even after moody's changed its outlook on the eve to negative the euro held its granges thanks to high hopes that the region's tackling the debt crisis is about to emerge. >>> elsewhere valiant pharmaceuticals agreed to buy medicis for $2.6 billion to expand its products. >>> british airways and iag are looking to buy a stake in american airlines. they're already in talks with u.s. airways. >> cabin crews say they're striking today for eight hours in frankfurt and berlin in a dispute over pay and conditions. >>> hyundai has reached an agreement with its union workers to end the costliest strike in the company's history. >>> and, finally, you know it's bad when this happens. inflation is hitting the tooth fairy. but it's good for the kids. they found the kids found an average of $3 per tooth this year under their pillow. that's up 15% from last year. >>> coming up, extra innings walk-off, ti
still not all euro news was good. moody's put the european union on notice. its aaa rating is at risk of downgrade due to the continent's ongoing debt crisis. nevertheless even after moody's changed its outlook on the eve to negative the euro held its granges thanks to high hopes that the region's tackling the debt crisis is about to emerge. >>> elsewhere valiant pharmaceuticals agreed to buy medicis for $2.6 billion to expand its products. >>> british airways and iag are...
182
182
Sep 4, 2012
09/12
by
CNBC
tv
eye 182
favorite 0
quote 0
we still see problems with the euro and u.s. and don't think that cured its problem with ibm. the secondary concern is bichl is 11% of diamond's earthquakes tf. if you do have some macro event where the markets sell off it will impact ibm more than competitors not in so many indices. >> quickly, is hp and dell the computer sect now? they don't make computers now. >> that's a tough sell. if it was 1998. >> take a look at the shares the past month. they are up better than 25% on gamestop. agreed or disagree? >> undecided, throw a little wrench in there. not against the rationale. it was up 25% this month after being down 25% coming into it. it's flat over a three month period. the whole rationale for the upgrade is more games are coming out and more titles are coming out. for that to really work, why don't you buy the component. they have a licensing agreement with the largest selling game of the holiday season. why not get into activision or eia, electronic arts if that drives revenue for gamestop. >> the best you see is neutral. >> to jpmorgan upgrading tivo to overweig overwe
we still see problems with the euro and u.s. and don't think that cured its problem with ibm. the secondary concern is bichl is 11% of diamond's earthquakes tf. if you do have some macro event where the markets sell off it will impact ibm more than competitors not in so many indices. >> quickly, is hp and dell the computer sect now? they don't make computers now. >> that's a tough sell. if it was 1998. >> take a look at the shares the past month. they are up better than 25% on...
24
24
tv
eye 24
favorite 0
quote 0
german chancellor angela merkel tries to persuade beijing to spend billions to support a struggling euro zone. iran's nuclear ambitions have won some powerful backing as one hundred twenty countries voiced their approval for peaceful atomic research in the country this was the key point in a unanimously adopted resolution that wrapped up a nonaligned movement summit in tehran the us and israel have been left reeling by the success of the gathering it comes as a new i.a.e.a. report suggested iran has significantly enhanced its nuclear capacity but the document was rejected by tehran as politically motivated there was another blow for israel and its western allies when the un chief ban ki moon appeared at the summit he condemned persistent aggressive rhetoric and threats of a strike on iran side mohammad marandi a professor at the university of tehran says it's ironic that the u.s. has forced iran to launch an atomic program. the iranians are saying that this report came out a sensitive time to sort of distract attention away from this iranian success the irony here is that the iranians at
german chancellor angela merkel tries to persuade beijing to spend billions to support a struggling euro zone. iran's nuclear ambitions have won some powerful backing as one hundred twenty countries voiced their approval for peaceful atomic research in the country this was the key point in a unanimously adopted resolution that wrapped up a nonaligned movement summit in tehran the us and israel have been left reeling by the success of the gathering it comes as a new i.a.e.a. report suggested...
231
231
Sep 4, 2012
09/12
by
CNBC
tv
eye 231
favorite 0
quote 0
is there much to cheer about for the euro joan? ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> you are watching "worldwide exchange." these are your headline. draghi insists the ecb's bond buying plans does not breach rules on state aid. australia keeps rates on hold. and democrats kick off their party's convention today in charlotte, north carolina. >>> angela merkel is preparing for yet another meeting today as she's set to hold talks with herman von rompuy. >> as the ecb -- great. those were huge. i mean -- >> that's more than a pint. >> that is a lot. that's like a do
is there much to cheer about for the euro joan? ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees...
277
277
Sep 7, 2012
09/12
by
CSPAN
tv
eye 277
favorite 0
quote 0
guard steve of euro from denver -- two delegates from denver. what did you hear? i think that is what the president set out to do. the purpose of the week was to show contrast, and it clearly was a fine, very sharp differences between what mitt romney sees for the future of our country and what president obama things. >> of the and we heard about hope. >> it is about moving forward and ensure we are doing this together, that is not every man for himself, that is every person together, and all ships with the rising tide rise up. good >> what did you hear this evening? >> the message of unity really stood out for me. he talked about how we can work together to build this country back up and move forward. he talked about change and how we created a change and how we will continue to create change when we give him four more years. >> you are a supporter of the president, but the undecided voters, the you think he convinced them? >> i think he did. he laid out a clear vision for this country, unlike what we heard with the republican convention, he laid out a clear visi
guard steve of euro from denver -- two delegates from denver. what did you hear? i think that is what the president set out to do. the purpose of the week was to show contrast, and it clearly was a fine, very sharp differences between what mitt romney sees for the future of our country and what president obama things. >> of the and we heard about hope. >> it is about moving forward and ensure we are doing this together, that is not every man for himself, that is every person...
398
398
Sep 5, 2012
09/12
by
KQEH
tv
eye 398
favorite 0
quote 0
isn't helping as much as it should, blaming it on the differences in borrowing costs across the 17 euro-zone countries. these comments come as the european bank meets this week. >> mainly, the question is how much will they buy, from what part of the curve, and will they try to target a yield cap for spanish and italian government debt. those are the three key questions coming out of this meeting. >> susie: the european bank meeting comes less than a week before the federal reserve meets here in the u.s. >> reporter: i'm sylvia hall in washington. still ahead, as a.m.r. and u.s. airways join the ranks of companies hoping to merge, they'll also face scrutiny from the nation's regulators. we look at how the federal government views competition these days. >> tom: the democratic national convention is officially underway in charlotte, north carolina. first lady, michelle obama takes center stage with the prime time speech expected to focus on the personal side of president obama, but likely will be an economic message as well. the president has been focusoth middle class in recent campaign appe
isn't helping as much as it should, blaming it on the differences in borrowing costs across the 17 euro-zone countries. these comments come as the european bank meets this week. >> mainly, the question is how much will they buy, from what part of the curve, and will they try to target a yield cap for spanish and italian government debt. those are the three key questions coming out of this meeting. >> susie: the european bank meeting comes less than a week before the federal reserve...
107
107
Sep 3, 2012
09/12
by
WUSA
tv
eye 107
favorite 0
quote 0
in 17 countries which use the euro, unemployment was at a record high in july of 11.3%. the data show unemployment is hurting the european economy with the most people out of work in spain and greece. >>> a new pilot program could help some homeowners facing foreclosure or bankruptcy. it's called mortgage to lease. rather than foreclosing, the bank takes back ownership. it forgives the debt and then it gives the homeowner a chance to rent. of course, you lose your equity but one desperate homeowner reduced her monthly payments from $1,250 to $712 and she gets to stay in her home. >> in certain situations, especially where the homeowners are deeply under water, i think this is a great opportunity for them to really get a fresh start. >> got to remember this is no longer your home in this situation. bank of america is rolling out the small test program to 2500 distressed homeowners in four states. citigroup introduced a similar program for 500 homeowners in six states. >> they've been talking about this possible plan for years now. it's interesting that they're now finally
in 17 countries which use the euro, unemployment was at a record high in july of 11.3%. the data show unemployment is hurting the european economy with the most people out of work in spain and greece. >>> a new pilot program could help some homeowners facing foreclosure or bankruptcy. it's called mortgage to lease. rather than foreclosing, the bank takes back ownership. it forgives the debt and then it gives the homeowner a chance to rent. of course, you lose your equity but one...
201
201
Sep 7, 2012
09/12
by
KRCB
tv
eye 201
favorite 0
quote 0
euro-zone faces a new recession. the organization for economic cooperation and development which watches trends in leading economies said heavy debt is slowing growth across europe. meanwhile, in greece, thousands of police and firefighters rallied against planned pay cuts. therotest came as greek unemployment was reported above 24% in june. there were new claims today that the bush administration made more extensive use of waterboarding than was ever acknowledged. the c.i.a. has confirmed waterboarding three suspects. but human rights watch reported on other instances, involving libyan exiles who were swept up in the hunt for terrorists, after 9/11. the exiles were opponents of libyan leader moammar gadhafi. a fishing boat packed with migrants sank today, just off the western coast of turkey. at least 61 people died. most were palestinians and syrians and more than half were children. local officials said smugglers had promised them passage into europe. rescue crews searched in vain for survivors, beyond the few doz
euro-zone faces a new recession. the organization for economic cooperation and development which watches trends in leading economies said heavy debt is slowing growth across europe. meanwhile, in greece, thousands of police and firefighters rallied against planned pay cuts. therotest came as greek unemployment was reported above 24% in june. there were new claims today that the bush administration made more extensive use of waterboarding than was ever acknowledged. the c.i.a. has confirmed...
148
148
Sep 5, 2012
09/12
by
CNBC
tv
eye 148
favorite 0
quote 1
euro currency. we are still above or at 126. the high of the day is 126.25. two months, the euro seems to be the beneficiary of the microphone close to a two-month high. tyler, it's back to you. >> mr. santelli, thank you very much. now kayla for a market flash. hi, kayla. >> hi, tyler. the tale of two stocks and the tech market is concerned. first, disney touching an all-time high. it's never reached before. that's on the back of announcement of nokia disney producing character-based apps for the new smartphones and now the tablet space and sony said they would not be drawn in to pricing wars. not the right thing to say in an area where sony is struggling. sony touching a 25-year low. tyler, hasn't seen the lows since vcrs and walkmans were the main products. >> i remember those. thank you very much. >>> let's move on to motorola mobility. got the first product launch out today. since being bought by google. holding a big event in new york city. comes just hours after microsoft and nokia revealed their new windows-based phones. jon fortt with the latest of t
euro currency. we are still above or at 126. the high of the day is 126.25. two months, the euro seems to be the beneficiary of the microphone close to a two-month high. tyler, it's back to you. >> mr. santelli, thank you very much. now kayla for a market flash. hi, kayla. >> hi, tyler. the tale of two stocks and the tech market is concerned. first, disney touching an all-time high. it's never reached before. that's on the back of announcement of nokia disney producing...
413
413
Sep 6, 2012
09/12
by
CNBC
tv
eye 413
favorite 0
quote 0
the euro swiss is trading at 1.2051. the swiss franc falling by .1%. for the better part of this year they were trading below 1.2020. so that was quite a significant move. as for the reasons for this move. there he is a lot of speculation as to whether, as you pointed out, the s&p may be raising the cap. that may be speculation that traders believe that the ecb's new bond buying program will finally be the effective one to calm the market and that would slow the safe haven flows into the swiss. whatever the reason is, we're certainly going to be watching the euro swiss here when mario draghi takes the stage today, karen. >>> thank you so much, carolin. >>> onto the airlines space. new alliance between two major carriers may trigger an industry rethink. matthew turner has this report. >> it's been rumored for months but today emirates reached a ten year agreement that will coordinate their plans. qantas will move to dubai. they'll fly through to the european destinations. qantas will be between sing ga for and frankfurt and end its agreement with britis
the euro swiss is trading at 1.2051. the swiss franc falling by .1%. for the better part of this year they were trading below 1.2020. so that was quite a significant move. as for the reasons for this move. there he is a lot of speculation as to whether, as you pointed out, the s&p may be raising the cap. that may be speculation that traders believe that the ecb's new bond buying program will finally be the effective one to calm the market and that would slow the safe haven flows into the...
183
183
tv
eye 183
favorite 0
quote 0
spain will sink euro. lori: sink the euro but not get out as a currency? >> right. lori: what the forecast there? >> i think parity or a little bit below. the euro should be parity with the dollar historically and they have more problems than we do. we both have major debt problems, major demographic problems by our research but europe has the more imminent problems. lori: i only have a couple secs here, harry. you mentioned china. highly focused political season here in the u.s. where are you optimistic, if anywhere at all as to getting this whole global picture on the right track? is there anything to be hopeful for? >> you know, the biggest hope we've got so much debt around the world, especially in private sectors. much more than government sectors. if governments would help restructure private debt, estonia, iceland, there are countries that already done this and already coming out of the crisis doing better. we're ignoring the biggest problem in the world, the greatest private debt bubble in history, way greatest than the greatest government bubble. government
spain will sink euro. lori: sink the euro but not get out as a currency? >> right. lori: what the forecast there? >> i think parity or a little bit below. the euro should be parity with the dollar historically and they have more problems than we do. we both have major debt problems, major demographic problems by our research but europe has the more imminent problems. lori: i only have a couple secs here, harry. you mentioned china. highly focused political season here in the u.s....
231
231
Sep 6, 2012
09/12
by
CNBC
tv
eye 231
favorite 0
quote 0
the euro zone has a big problem over the long term, short term, bond buying seemed to really help. that goes a long way, but at some point you need credibility and a belief in the marketplace and there are fundamental changes being made for the long term to address. >> have a good con vens there in utley. thank you for joins us. >> let me just mention, bill, some of the headlines here. i was just talking to perez a few minutes ago, i spoke to the former ceo of hong kong, and i say how is hong kong doing, and he said we'll be lucky to do 1.5% in year reason last year we did 5%. you have the former president of spain here, the leadership from italy, but really across the euro zone reason leaders are copping together and doing these panels and meetings. so i'll talk to you tomorrow from here at this conference when a have a letter sense of what mario draghi will talk about. it will be important for seeing the reaction. >> that is for sure, thanks, talk to you tomorrow. >> thanks, buy. >> when they're hot, they're hot. financial stocks hotter than the rest of the market today. kayla ta
the euro zone has a big problem over the long term, short term, bond buying seemed to really help. that goes a long way, but at some point you need credibility and a belief in the marketplace and there are fundamental changes being made for the long term to address. >> have a good con vens there in utley. thank you for joins us. >> let me just mention, bill, some of the headlines here. i was just talking to perez a few minutes ago, i spoke to the former ceo of hong kong, and i say...
153
153
Sep 4, 2012
09/12
by
MSNBC
tv
eye 153
favorite 0
quote 0
. >>> even after moody's changed the outlook on the eu to negative, the euro held its ground, thanks to high hopes a serious plan to tackle the region's debt crisis is about to emerge. >>> elsewhere, val yat pharmaceuticals agreed to buy medicis for $2.6 billion. >>> british airways and iberian owner are looking to buy a stake in american airlines. >>> lufthansa passengers beware, cabin crew say they'll be striking in dispute over pay and conditions. >>> hyundai has reached an agreement with its union workers to end the costliest strike in that company's history. >>> and inflation is finally hitting the tooth fairy. a new survey shows kids found an average of $3 per tooth under their pillows this year. that's up 15% from last year. so good news for the kids at least. >>> well extra innings walkoff at tiger makes bank. plus, players head to the u.s. open tennis quarterfinals. >>> and a college football matchup goes down to the wire. and beyond. your "first look" at sports is straight ahead, you're watching "first look" on msnbc. nks hi i hainmybdomen..itwo g. wati ths reneronoinmybdom
. >>> even after moody's changed the outlook on the eu to negative, the euro held its ground, thanks to high hopes a serious plan to tackle the region's debt crisis is about to emerge. >>> elsewhere, val yat pharmaceuticals agreed to buy medicis for $2.6 billion. >>> british airways and iberian owner are looking to buy a stake in american airlines. >>> lufthansa passengers beware, cabin crew say they'll be striking in dispute over pay and conditions....
37
37
Sep 4, 2012
09/12
by
CNBC
tv
eye 37
favorite 0
quote 0
what will happen in the election in november and what will happen in four years, what's the five, 10 euro plyear plan to get thisy going and that's what the president has to say to get the business community back on his side. >> in the way chris christie made his remark people thinking this is a guy who might be a future candidate for the republicans, who should we be watching at the dnc in terms of speakers that might be future presidential candidates? >> mandy, you obviously have to look at the governors, the governor of new york, mark o'malley in maryland. so you have to look at those individuals. you can't count out, depending how the election goes, secretary of state, hillary clinton. i think the issue right now for the democrats is, how do you bring together a coalition of not only middle class voters, but also business people who believe that there is a role for government in a free market regulated economy, as i said, there is a role for government, but there also has to be a light hand on regulation by government to stimulate investment. that means being very judicious about how
what will happen in the election in november and what will happen in four years, what's the five, 10 euro plyear plan to get thisy going and that's what the president has to say to get the business community back on his side. >> in the way chris christie made his remark people thinking this is a guy who might be a future candidate for the republicans, who should we be watching at the dnc in terms of speakers that might be future presidential candidates? >> mandy, you obviously have...
123
123
tv
eye 123
favorite 0
quote 0
bottom line is what does it do to address the euro zone debt crisis itself. this does not address it. it is down to individual governments to get their fiscal house in order. it could be a long time before that can be accomplished. >> the dow is up 220 points and the s&p up 26. it has been a real rally. let's take it to the traders at the stock exchange. john core team of legal very broad based rally. if you had to pick one is it a good private sector job numbers? let's not ignore that. we had job gains of 280,000. >> you are right. the economic data out of washington clearly is something the market needed and wanted and helping the market moved higher. actions speak louder than words. we heard this in the past and her that my coming out. let's see how it will be implemented when it moves forward. list, are -- terminology of europe. let's see if this accomplishes what they want to accomplish but let's not forget the good data that came out of here. unemployment tomorrow. i don't expect a big move because we are getting everything price in. i want to see more
bottom line is what does it do to address the euro zone debt crisis itself. this does not address it. it is down to individual governments to get their fiscal house in order. it could be a long time before that can be accomplished. >> the dow is up 220 points and the s&p up 26. it has been a real rally. let's take it to the traders at the stock exchange. john core team of legal very broad based rally. if you had to pick one is it a good private sector job numbers? let's not ignore...
376
376
Sep 5, 2012
09/12
by
CNBC
tv
eye 376
favorite 0
quote 1
one is saving the euro as a currency. the other is the insolvency in the financial system in europe. let's take the latter. is the financial insolvency going to be fixed by the short-term liquidity programs? >> no which is why you get the push/pull on the currency. if you're short in euro currency because you fear for its existence then anything that they buy, do to buy themselves time forces those shorts out of the market. >> hence the six-week high on the euro currency. >> correct. anything that bodes well for the continuing of the euro and taking it out of that stress plan. the other point is that the solvency people, people who know that this is opening to a solvency issue they want to be short the euro because the ultimate thing, the question of solvency is a big matter but they get run in on the short term. you have this push pull between again existence of the currency versus the solvency issue. >> we'll find out tomorrow morning. let's give them the benefit of the doubt. >> see what they say. let's bring in bob pi
one is saving the euro as a currency. the other is the insolvency in the financial system in europe. let's take the latter. is the financial insolvency going to be fixed by the short-term liquidity programs? >> no which is why you get the push/pull on the currency. if you're short in euro currency because you fear for its existence then anything that they buy, do to buy themselves time forces those shorts out of the market. >> hence the six-week high on the euro currency. >>...
257
257
Sep 6, 2012
09/12
by
CNBC
tv
eye 257
favorite 0
quote 0
the euro last check was above 1.26. the adp report came in at 201,000er have success the 140,000 the street had been expecting, we just got the jobless claims down by about 12,000 to 365,000, and we've continued to watch the futures build on all of these gains. at this point you can see the dow futures last time i looked were wetter than 100 points above fair value, it's been strong all morning long and the economic news has not disappointed. we talked about whether or not traders would like to see the strong economic numbers coming in and worried if that takes qe3 off the table. the futures at this point about 90 points above fair value. >> they were 85 before. >> i think steve has something now. >> quick, draghi told us he's going to read two separate releases right now talking about the economic assessment of the board so he says there's two other releases coming out, they've addressed the collateral issue, in other words, what you can bring to the ecb for funding and he said he's going to read a press release with d
the euro last check was above 1.26. the adp report came in at 201,000er have success the 140,000 the street had been expecting, we just got the jobless claims down by about 12,000 to 365,000, and we've continued to watch the futures build on all of these gains. at this point you can see the dow futures last time i looked were wetter than 100 points above fair value, it's been strong all morning long and the economic news has not disappointed. we talked about whether or not traders would like to...
205
205
Sep 7, 2012
09/12
by
FOXNEWSW
tv
eye 205
favorite 0
quote 0
was a confirmation bit president of the european central bank to do whatever it makes to preserve the euro. and hope at home, that our job market is mending, 201,000 private sector jobs were created. government is now weighing in with its tally in three hours. we will see if the optimism is warranted. >>heather: we need to create in the area of 300,000 just to get back to where we were before the recession. a new poll says 46 percent of people believe that their pay will remain the same next year and that is up significantly from the year before. >> we find that 46 percent think the pay will be the same and next year there are some people that are more optimistic, 40 percent of people polled thing they will make more money next year so we see a little bit of optimism. >> not much optimum. now, super bowl ads, they have told, almost sold out. >> no economic slow down for the super bowl. cbs, home to next year's february 3rd game, can bring in $225 million by selling 60, 30-second ads going for $3.8 million each, a record high. so far, 90 percent of the pricey ads are sold out. we will see m
was a confirmation bit president of the european central bank to do whatever it makes to preserve the euro. and hope at home, that our job market is mending, 201,000 private sector jobs were created. government is now weighing in with its tally in three hours. we will see if the optimism is warranted. >>heather: we need to create in the area of 300,000 just to get back to where we were before the recession. a new poll says 46 percent of people believe that their pay will remain the same...
237
237
Sep 5, 2012
09/12
by
CNBC
tv
eye 237
favorite 0
quote 0
yesterday euro/dollar around the 1.26 moment. 1.25 at the moment. aussie/dollar, 1.070. plenty will be going on in asia whilst we've been waking up this morning. we have the details from singapore. >> thanks. you're right, ross, it's negative picture across the board in asia following that downbeat manufacturing data from u.s. and slower growth for china's sector sector. shanghai composite loss 0.3%. the business jet sector outperformed as china's set to introduce new measures including building special airports for business jets around major cities. the hang seng finished around it's 40-day low dragged down by mainly banks and energy. lenovo shares tumbled. nikkei extended its sell offfor the fifth day in a row marking its longest losing streak in two months. commodity stocks and machinery bore the brunt of selling. kospi was dragged down by sam hung electronics and hyundai motors. shares in thailand traded along the flat line just lower by a touch. central bank just released its decision to keep rates on hold at 3% as expected. and the australian market lost 0.6% despi
yesterday euro/dollar around the 1.26 moment. 1.25 at the moment. aussie/dollar, 1.070. plenty will be going on in asia whilst we've been waking up this morning. we have the details from singapore. >> thanks. you're right, ross, it's negative picture across the board in asia following that downbeat manufacturing data from u.s. and slower growth for china's sector sector. shanghai composite loss 0.3%. the business jet sector outperformed as china's set to introduce new measures including...
157
157
Sep 3, 2012
09/12
by
WUSA
tv
eye 157
favorite 0
quote 0
the 17 countries that use the euro, unemployment was at a record high in july in those countries at 11.3%. the data show unemployment is hurting the european economy with the most people out of work in spain and greece. >>> but the poor economy in europe isn't hurting sales of a high end computer maker. one company makes its computers out of luxury materials. we're talking marble, bronze, gold leaf. the computers are inspired by a french design and that's reflected in the name, mondaying including louis the 15th and empire. prices start at about $21,000. you're not picking up that laptop and going to the subway. not happening. >>> what do men, makeup and on- line social status have in common? you'll find out in today's question of the day coming up. >> good tease. some northern virginia students will have to find another way to school tomorrow after their school district gets rid of about a dozen bus stops. >> here's monika. >>> we're still dealing with isaac, at least isaac's remnants throwing plenty of moisture our way. plenty of clouds today, occasional showers and thunderstorms, and w
the 17 countries that use the euro, unemployment was at a record high in july in those countries at 11.3%. the data show unemployment is hurting the european economy with the most people out of work in spain and greece. >>> but the poor economy in europe isn't hurting sales of a high end computer maker. one company makes its computers out of luxury materials. we're talking marble, bronze, gold leaf. the computers are inspired by a french design and that's reflected in the name,...
110
110
tv
eye 110
favorite 0
quote 0
what we have seen as the euro becoming strong, the dollar pulled back. we see the market celebrating on the heels of some jobless numbers and the initial jobless claims in the u.s. the private-sector jobs both of which came in better than expected. the dow right now, so much to talk about, if the dow closes around this level right here the highest point since 2007 and also got in the number which is the highest reading since may. there's a lot going on here today, all good news. back to you. connell: we have a hall of fame cornerback coming up live with us in the studio. the only perfect quarterback in nfl history on his way in. dagen: and you know what we will ask them? how do you fix our jets? from losers to winners today. on the nasdaq. dagen: the nfl season kicking off last night with that ugly loss to the new york giants. remarks the 40th anniversary of the only undefeated team in history. the miami dolphins. connell: the quarterback of that team has a new book out aptly named "perfection." we can talk about perfection and little bit. what was it ab
what we have seen as the euro becoming strong, the dollar pulled back. we see the market celebrating on the heels of some jobless numbers and the initial jobless claims in the u.s. the private-sector jobs both of which came in better than expected. the dow right now, so much to talk about, if the dow closes around this level right here the highest point since 2007 and also got in the number which is the highest reading since may. there's a lot going on here today, all good news. back to you....
268
268
tv
eye 268
favorite 0
quote 0
the euro, one 2/6 on news out of europe. ecb outlining plans to ease borrowing costs, and there is no limit on new bond buys. investors are happy about that. the euro is higher, u.s. stocks higher as well. back with more after this. tsk >> here with your fox business minute. turkish media says 58 people drowned after a boat carrying illegal immigrants sank after hitting rocks up the coast of turkey. officials said the fishing boat was carrying about 100 people, slid from syria. dozens of survivors reportedly were able to swim to shore a short distance away. a man removed from the lake and philadelphia to are told to return to philly. the guy is not a suspect and he did not do anything wrong. this is someone called tories and said a passenger was carrying a dangerous substance. and one of the most important figures in the nfl has died. as owner of the cleveland browns the team became the raven's after he moved to baltimore in 96. his dead at the age of 87. those are your news headlines. the fox business network, now back to y
the euro, one 2/6 on news out of europe. ecb outlining plans to ease borrowing costs, and there is no limit on new bond buys. investors are happy about that. the euro is higher, u.s. stocks higher as well. back with more after this. tsk >> here with your fox business minute. turkish media says 58 people drowned after a boat carrying illegal immigrants sank after hitting rocks up the coast of turkey. officials said the fishing boat was carrying about 100 people, slid from syria. dozens of...
138
138
tv
eye 138
favorite 0
quote 0
and mario prints in euro, europes and ben prints up a storm in america. we're in for a big rally, what do you say. i think that's the best case scenario, but we don't look at that, we don't look at the clients that way, i think there's a lot of hope that romney does win, i think a lot with the ecb printing money and ben bernanke focusing on unemployment. and a good rally already so be careful. >> and am i right in saying that the market would like a romney victory, would generally like republicans taking it, the markets like really want mario to print and ben to print. all of those if they have them. >> they would be positive in the near term and give the market lift and the expectations weren't met later about a romney victory and the money getting traction and the real economy and see a pullback, you're right the convergence and the factors positive in the market. >> how else do you explain that. we've got a slowing economy here and profit not doing that great and the rest of the world slowing down and china slowing down and europe is recession, how els
and mario prints in euro, europes and ben prints up a storm in america. we're in for a big rally, what do you say. i think that's the best case scenario, but we don't look at that, we don't look at the clients that way, i think there's a lot of hope that romney does win, i think a lot with the ecb printing money and ben bernanke focusing on unemployment. and a good rally already so be careful. >> and am i right in saying that the market would like a romney victory, would generally like...
242
242
Sep 16, 2012
09/12
by
CSPAN
tv
eye 242
favorite 0
quote 0
it was not this kind of euro- socialism that has been conveyed. presidential candidates had the biggest stimulus plan. something happened on january 20th, 2009. i don't know what, but things like romney-care, the individual mandate, extending unemployment benefits, middle-class tax cuts, other things in the stimulus suddenly became politically toxic to republicans in washington. not around the country. there were plenty around the country that supported it. >> i do think that it's a key part of obama's presentation, even if he does not, the stimulus bill, but the idea that he inherited an economy does bleeding jobs to put a stop in the leak. but things have not necessarily taken off from there, but he stopped a depression. do you guys think people will take that seriously? will they give him credit for that? >> my view on it is that i think he committed the same mistake that a lot of people in public life commit. the zero were promised on what it could do. the whole point behind the stimulus was due from the unemployment rate below 8%. four years
it was not this kind of euro- socialism that has been conveyed. presidential candidates had the biggest stimulus plan. something happened on january 20th, 2009. i don't know what, but things like romney-care, the individual mandate, extending unemployment benefits, middle-class tax cuts, other things in the stimulus suddenly became politically toxic to republicans in washington. not around the country. there were plenty around the country that supported it. >> i do think that it's a key...
215
215
tv
eye 215
favorite 0
quote 0
speaking of europe, we are going to see on thursday whether or not the euro will be saved or spain and italy will continue as nationstates. either independently or part of the european union. whatever size they may ultimately be. >> i think that he will get his way. but what that means, we still don't know. it could be more about words and actions. angela merker -- i think that drahi will get his way. otherwise we will start to have disappointments. lou: in relation to jobs and economic growth, we don't want to leave this discussion without talking about the possibility that this economy could be robust once again. the death that is out there, $16 trillion, it is unlikely that we would have a 2% muddle through economy for the second of you. lou: bob doll, thank you for being with us. the four-day labor day weekend not a blockbuster for hollywood. blockbuster movies down 4% this weekend. the lions gate will be the possession debuted with top honors, pulling in with $21 million. lawless opened up at 13 million. the expendables is still strong, bringing in more than $11 million. dinesh d'
speaking of europe, we are going to see on thursday whether or not the euro will be saved or spain and italy will continue as nationstates. either independently or part of the european union. whatever size they may ultimately be. >> i think that he will get his way. but what that means, we still don't know. it could be more about words and actions. angela merker -- i think that drahi will get his way. otherwise we will start to have disappointments. lou: in relation to jobs and economic...
279
279
Sep 7, 2012
09/12
by
CNBC
tv
eye 279
favorite 0
quote 0
especially because a weak euro is hurting your profits when they translate to strong dollars. just the opposite might soon occur if this euro rally we're having right now has staying power. i'm not minimizing the nonfarm payroll employment tomorrow. it will play a role in how stocks trade. in fact, it might already be playing a role because we had precursors today. weekly jobless claim figures. they're all pointing to a decent number tomorrow. there is an intersection between plux and business right there that can matter to both politicians and traders. but investors? if you wanted some of the biggest gains these last four years, you'd invest in retailers and retail suppliers which have been terrific as you'll hear from calvin klein and tommy hilfiger parent pvh later tonight. if you looked at the friday numbers at the beginning of the month they missed the big wins. some of the market is counterintuitive. as the ceo of pvh said today he often didn't have enough product in the stores to meet demand because he was fearful of getting stuck with too much inventory giving the gloo
especially because a weak euro is hurting your profits when they translate to strong dollars. just the opposite might soon occur if this euro rally we're having right now has staying power. i'm not minimizing the nonfarm payroll employment tomorrow. it will play a role in how stocks trade. in fact, it might already be playing a role because we had precursors today. weekly jobless claim figures. they're all pointing to a decent number tomorrow. there is an intersection between plux and business...
184
184
tv
eye 184
favorite 0
quote 0
program will have no set limit and it will lower the borrowing costs of debt-ridden countries in the euro zone. the markets off to the races in positive territory. keith, back to you. >> a positive reason for us to feel positive. hampton, thanks for stopping by. >> you got it. >>> he's a soft spoken artist who also happens to be a straight a student. math is his favorite subject. today's wednesday's child is modest, polete, his name is keith. sadly, he had to deal with big disappointments in his short life. here's his story. cartoon characters are his specialty. and at 13 years old, keith says he loves art of all kinds. and like seeing what other people create. >> when i go to art a, i like to look for things like collages, sculptures and different things you don't normally see that people do. >> reporter: keith enjoys checking out many of the art books here at the children's art studio. his social worker says he's a bright young man. >> keith is a wonderful child. he's incredibly artistic and he does beautifully in school. cognitatively he's right on track. he's in the eighth grade and w
program will have no set limit and it will lower the borrowing costs of debt-ridden countries in the euro zone. the markets off to the races in positive territory. keith, back to you. >> a positive reason for us to feel positive. hampton, thanks for stopping by. >> you got it. >>> he's a soft spoken artist who also happens to be a straight a student. math is his favorite subject. today's wednesday's child is modest, polete, his name is keith. sadly, he had to deal with big...
256
256
Sep 7, 2012
09/12
by
CNBC
tv
eye 256
favorite 0
quote 0
the euro at eight-month highs. mario draghi not surprising, but the flip side of not surprising the market is that he actually delivered on what was floated in the prior session. >> and people should understand that a lot of the earnings that were reported in the earnings reports, you heard what ceos were using as their benchmark. a lot of them were using 123. that's the fxe. using a stronger dollar. if you're a consumer packaged good company, you were surprised to the upside. one of the reasons i was concerned about kraft. i'm looking at companies using 1.23 for the euro. goes to 1.26. pvh, a remarkable story. >> and we should mention the ten-year is going up in price, down in yield. we had seen as high as 1.8 not that long ago on the ten-year. now we're around 1.6. expectations of q.e. 3. >> and the out-of-bonds into stock trade is happening. it just happens in germany where the bunds have been under pressure. one of the best-performing stocks this morning is deutsche bank, that stock is up gigantic. >> things ar
the euro at eight-month highs. mario draghi not surprising, but the flip side of not surprising the market is that he actually delivered on what was floated in the prior session. >> and people should understand that a lot of the earnings that were reported in the earnings reports, you heard what ceos were using as their benchmark. a lot of them were using 123. that's the fxe. using a stronger dollar. if you're a consumer packaged good company, you were surprised to the upside. one of the...